Forrester Research Stock Price on May 2, 2024

FORR Stock  USD 17.17  0.46  2.75%   
Below is the normalized historical share price chart for Forrester Research extending back to November 27, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Forrester Research stands at 17.17, as last reported on the 26th of November, with the highest price reaching 17.59 and the lowest price hitting 16.88 during the day.
IPO Date
26th of November 1996
200 Day MA
18.2194
50 Day MA
16.4378
Beta
0.888
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Forrester Stock, it is important to understand the factors that can impact its price. Forrester Research secures Sharpe Ratio (or Efficiency) of -0.0599, which denotes the company had a -0.0599% return per unit of risk over the last 3 months. Forrester Research exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forrester Research's Standard Deviation of 2.35, mean deviation of 1.81, and Variance of 5.53 to check the risk estimate we provide.
  
At this time, Forrester Research's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/26/2024, Other Stockholder Equity is likely to grow to about 75.3 M, while Liabilities And Stockholders Equity is likely to drop slightly above 400.6 M. . At this time, Forrester Research's Price Earnings Ratio is relatively stable compared to the past year. As of 11/26/2024, Price To Operating Cash Flows Ratio is likely to grow to 24.54, while Price Book Value Ratio is likely to drop 2.03. Forrester Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0599

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Estimated Market Risk

 2.35
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Forrester Research is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Forrester Research by adding Forrester Research to a well-diversified portfolio.
Price Book
1.3546
Enterprise Value Ebitda
7.5977
Price Sales
0.7173
Shares Float
11.3 M
Wall Street Target Price
20

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Forrester Research Valuation on May 2, 2024

It is possible to determine the worth of Forrester Research on a given historical date. On May 2, 2024 Forrester was worth 17.79 at the beginning of the trading date compared to the closed value of 18.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forrester Research stock. Still, in general, we apply an absolute valuation method to find Forrester Research's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Forrester Research where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forrester Research's related companies.
 Open High Low Close Volume
  18.24    19.31    17.26    17.61    250,453  
05/02/2024
  17.79    18.60    17.79    18.34    139,774  
  18.81    18.90    18.16    18.19    91,720  
Backtest Forrester Research  |  Forrester Research History  |  Forrester Research Valuation   PreviousNext  
Open Value
17.79
18.34
Closing Value
24.85
Upside

Forrester Research Trading Date Momentum on May 2, 2024

On May 03 2024 Forrester Research was traded for  18.19  at the closing time. The top price for the day was 18.90  and the lowest listed price was  18.16 . The trading volume for the day was 91.7 K. The trading history from May 3, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.82% . The overall trading delta against the current closing price is 4.47% .

Forrester Research Fundamentals Correlations and Trends

By evaluating Forrester Research's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Forrester Research's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forrester financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Forrester Research Stock history

Forrester Research investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Forrester is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forrester Research will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Forrester Research stock prices may prove useful in developing a viable investing in Forrester Research
Last ReportedProjected for Next Year
Common Stock Shares Outstanding19.3 M22.2 M
Net Income Applicable To Common Shares25.1 M16.3 M

Forrester Research Stock Technical Analysis

Forrester Research technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Forrester Research technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Forrester Research trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Forrester Research Period Price Range

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November 26, 2024
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Forrester Research November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Forrester Research stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forrester Research shares will generate the highest return on investment. By undertsting and applying Forrester Research stock market strength indicators, traders can identify Forrester Research entry and exit signals to maximize returns

Forrester Research Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Forrester Research's price direction in advance. Along with the technical and fundamental analysis of Forrester Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forrester to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Forrester Stock Analysis

When running Forrester Research's price analysis, check to measure Forrester Research's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forrester Research is operating at the current time. Most of Forrester Research's value examination focuses on studying past and present price action to predict the probability of Forrester Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forrester Research's price. Additionally, you may evaluate how the addition of Forrester Research to your portfolios can decrease your overall portfolio volatility.